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Tuesday, Feb 09, 2016
Business News

Naples house flipper indicted in Ohio


Prosecutors in Cleveland say a Florida man filed forged deeds to illegally buy and sell scores of houses in 15 Ohio counties.

Cuyahoga (ky-uh-HOH'-guh) County Prosecutor Bill Mason on Wednesday announced the indictment of Blaine Murphy and his company on charges including records tampering, money laundering, possessing criminal tools and engaging in a pattern of corrupt activity.

Mason says the Naples man forged the deeds under the fictitious name "Bryce Peters III." A news release says nearly 100 of the properties fell into tax foreclosure with more than $1 million in taxes owed. Authorities also say the 43-year-old Murphy ignored property code violations.

Murphy's attorney tells The (Cleveland) Plain Dealer the charges are ludicrous. Murphy has been jailed without bond.

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